Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
what an imbecile.
unless china tariffs are multiples more, this only discourages economic moves to closer (geographically and defense) allies. it effectively punishes those that already put in huge upfront capital to leave china for anyplace else.…
there are many explanations, but i take the word of a reformed wall streeter, based on a long career witnessing every shenanigan, that hiding price discovery from the public is absolutely a factor. as good a reason as any to quit trading in singl…
yogibullbear, ur correct on CFTC.
i should have put in the extra effort to clarify no 'effective' enforcement based on its size & budget.
it is a reasonable guess that the doge proposal to merge CFTC w/SEC is not to increase cumulative resource…
Re: Jason Trennart (strategas)
well, they cant all be gems. am not familiar with jason's objective track record, but this was a clown show.
a primary thesis based on DOGE and possibly EU adopting such? one of the founding dolts is already booted.…
it's amazing how many tech fanboys and geniuses could not envision inefficiency in AI implementation nor deployment, much less an order of magnitude.
North American re-industrialization is the play, as it seems most resilient to politics over long …
slower moving, but possible larger GFC trigger, is making crypto part of mainstream financial institutions (many willing participants as toll takers, not liability holders).
signs :
- moving crypto oversight away from SEC (to commodities board w/n…
spent $900K/immigrant of my taxpayer money. i expect this to triple as inexperienced private MAGA companies decide this is easier than building a fake wall and join the grift .
where's DOGE? i guess vivek was deported as suspicious.
https://www…
aren't these 'pools' what keep costs down, e.g., one fidelity client sells shares and another fidelity client picks up that lot?
(this is NOT saying some part of the financial industry will not exploit dark pools, that is to be fully expected given…
this was interesting enough for me to google reviews for the local branch.
despite their reputation, i was still shocked to see how badly wells was blasted, especially on a relative basis to ANY other local bank mentioned.
in the back of my mind, i …
ark rakes in ~$50M/yr in fees of which ~$30m goes to wood.
wood is worth ~$300m, mostly derived from ark.
her most noteworthy accomplishment is to only have a token part of her net worth actually invested in ark funds.
having consolidated and managed all immediate family assets (at vanguard) starting ~3 decades ago, it has been a interesting and productive experience in risk and asset allocation. winners and losers for any particular holder has gotten lost in th…
i suspect m* has long bought data from another source. (possible for everything other than in-house analysis reports, maybe their quant score)
if a holding is unclassified, they dont bother much to fill.
why not multiple sources? that means effort…
re: SALT
- again, some broad changes could make munis look relatively worse, but i was looking for speculation on trump+GOP specifically acting to damage the tax-free bond mkt.
re: immigration taxes
- well, trump wants to spend +10x of taxpayer mo…
hilarious comedy of mistaking facts for trash. followed by mistaking a request for off-topic as a request for trashing.
if the ask is over-reach, expect some coal.
@BaluBalu
it is interesting to see what kind of leeway giroux & team have for % equity.
it seems giroux cannot really decrease equity further (or can he?), and his shift to healthcare may already hit a self-imposed sector concentration ceiling …
for those that want some idea of what your own PAID professionals think :
https://klementoninvesting.substack.com/p/how-big-is-the-equity-risk-premium
e.g., vanguard is ~4th most pessimistic asset manager regarding their own forecasts on the u.s.…
MFOP has a superior fund screener...but many here hold stocks directly and need a decent screener.
also, the M* portfolio tool is hard to beat w/any single alternative for real world asset consolidation.
must be a big snafu now, mobile version even splashes a 'broken' message.
if only legacy mode was designed as a fallback for what seems likely to remain unreliable.
both mark and balabalu have valid points.
the latter is to allow the general public to participate in fleecing of musk fanboys where there is a good chance some receipts go toward public goods and advances (which tesla themselves long since enjo…
tesla's board has made 9 $figures (each!), and their only job is to rubberstamp whatever musk wants.
so far, musk is trying to take it out on the delaware judge; same place he tied to weasel out of the twitter acq.
however, musk is on track to mak…
have held VGENX for ~20 yrs in IRA, as i wanted some active energy exposure via wellington.
have actually done much better in energy w/ opportunistic taxable stock picks on a much larger scale. am assuming that some luck was involved and will kee…
lessons from fishing :
it is assumed that people realize the MF is not updated daily, and the overlap tool shows in order of combined weight, not in order of weight similarity.
that being said, i had to go all the way to ~30 on the list to find a …
it seems fairly obvious how giroux can\will manage more funds.
the asset sleeves, in particular equity, will be mostly the same, differing a bit in weights.
sadly missing the unique opp to differ much more in mkt cap and foreign.
does MAGA realize the judicial system is a tax-funded public good that can also be the target of wasteful litigation? and some citizens have initiated many hundreds of frivilous cases? sure, it will keep him out of prison, but what will trump do…
warning : the potential complexity of most gold ETFs is a mess for taxes.
if not each year, then certainly the manual collection and calculation of data of all years past when you sell. repeat for each subsequent sell, and hope you did it roughl…
awaiting kurzweil to first prove AI can objectively select better Nobel winners, to be followed by breaking 'humans-only' Nobel discrimination barrier.
suggestion for a new 2024 article :
downside capped etfs,funds (buffer, defined-protection, defined-outcome, target-outcome or structured-protection ETF)
i welcome approaches on screening for these in mfo premium.
to offset horrible scotus decisons on campaign finance, congress should have enacted ~70% tax rates, with cash going back to the suffering public taxpayers blasted with resulting stress.
oh wait, i see the problem. would be easier to make them pa…
as of market close, ~140m shares have unlocked and are newly available for sale (~120m owned by trump). some, not all, should be in brokerage accounts friday.
today's volume was ~13M shares, and 6month max was ~40M shares.
enjoy.
yep, this is why any multinational doing biz in china means the 'Compliance' dept has another meaning.
FRDM etf is a convenient way to track these nations, companies.
for SS# breaches :
anyone try fraud watch instead of credit freeze? 26 weeks where near impossible to get new CC, leases, etc...
probably just as hard to sign up for any gov services, like IRS, SS logins.
seems some cards also let you change max c…
